Cegedim Balance Sheet Health
Financial Health criteria checks 4/6
Cegedim has a total shareholder equity of €294.6M and total debt of €191.6M, which brings its debt-to-equity ratio to 65%. Its total assets and total liabilities are €924.1M and €629.5M respectively. Cegedim's EBIT is €29.9M making its interest coverage ratio 2.7. It has cash and short-term investments of €46.6M.
Key information
65.0%
Debt to equity ratio
€191.55m
Debt
| Interest coverage ratio | 2.7x |
| Cash | €46.61m |
| Equity | €294.56m |
| Total liabilities | €629.51m |
| Total assets | €924.07m |
Recent financial health updates
These 4 Measures Indicate That Cegedim (EPA:CGM) Is Using Debt Extensively
Jun 27
These 4 Measures Indicate That Cegedim (EPA:CGM) Is Using Debt Extensively
Sep 22Cegedim (EPA:CGM) Seems To Use Debt Quite Sensibly
Apr 05Recent updates
Getting In Cheap On Cegedim SA (EPA:CGM) Might Be Difficult
Feb 01These 4 Measures Indicate That Cegedim (EPA:CGM) Is Using Debt Extensively
Jun 27When Should You Buy Cegedim SA (EPA:CGM)?
Mar 25These 4 Measures Indicate That Cegedim (EPA:CGM) Is Using Debt Extensively
Sep 22Is Now The Time To Put Cegedim (EPA:CGM) On Your Watchlist?
Mar 03Is Cegedim SA (EPA:CGM) Trading At A 26% Discount?
Jun 04Should You Think About Buying Cegedim SA (EPA:CGM) Now?
May 20Cegedim (EPA:CGM) Seems To Use Debt Quite Sensibly
Apr 05Cegedim's (EPA:CGM) Shareholders Are Down 33% On Their Shares
Mar 21Are Investors Undervaluing Cegedim SA (EPA:CGM) By 43%?
Mar 05What Is Cegedim SA's (EPA:CGM) Share Price Doing?
Feb 12
What Is The Ownership Structure Like For Cegedim SA (EPA:CGM)?
Jan 25Cegedim SA (EPA:CGM) Delivered A Weaker ROE Than Its Industry
Jan 06What Does Cegedim's (EPA:CGM) CEO Pay Reveal?
Dec 20Does Cegedim's (EPA:CGM) Statutory Profit Adequately Reflect Its Underlying Profit?
Dec 06Cegedim's (EPA:CGM) Stock Price Has Reduced 26% In The Past Three Years
Nov 23Financial Position Analysis
Short Term Liabilities: CGM's short term assets (€329.1M) exceed its short term liabilities (€323.1M).
Long Term Liabilities: CGM's short term assets (€329.1M) exceed its long term liabilities (€306.4M).
Debt to Equity History and Analysis
Debt Level: CGM's net debt to equity ratio (49.2%) is considered high.
Reducing Debt: CGM's debt to equity ratio has reduced from 95.5% to 65% over the past 5 years.
Debt Coverage: CGM's debt is well covered by operating cash flow (51.1%).
Interest Coverage: CGM's interest payments on its debt are not well covered by EBIT (2.7x coverage).